Key Points Amazon increased its AI spending to $220 billion for 2026, up from $200 billion, largely due to rising memory costs. AI spending overall is rising at a shocking clip, by some estimates up 500% since 2022. 10 stocks we like better than Amazon › The hot technology of the day is artificial intelligence … Read more
Is AMD Stock a Buy on the Dip as AI Revenue Surges?
The whipping post
Key Points Advanced Micro Devices (NASDAQ: AMD) shares sank despite the semiconductor company reporting a surge in AI data center revenue in the second quarter and projecting that the segment will see revenue more than double in 2027. While the stock is well off its high, it is still up around 125% on the year. … Read more
AMD's Data Center Business Is Skyrocketing. The Stock Is Falling. Here's Why.
The whipping post
Key Points AMD (NASDAQ: AMD) has been on an absolute tear this year. The stock has more than doubled, although it’s showing signs of weakness following the company’s second-quarter earnings. This may be shocking to some investors, as AMD is doing exactly what investors hoped it would do. So, why is the stock falling? I … Read more
Peter Thiel Still Owns Roughly 3% of Palantir, a Stake Worth More Than $10 Billion. Here's Why His Continued Conviction Matters for Shareholders.
Key Points Peter Thiel, one of Silicon Valley’s most prolific investors, co-founded Palantir (NASDAQ: PLTR) with Stephen Cohen, Joe Lonsdale, Alex Karp, and Nathan Gettings in 2003. Through his personal assets and venture capital fund, Thiel invested about $30 million in the new company. Before Palantir went public through a direct listing in 2020, Thiel … Read more
Bezos Plans to Sell $4B Amazon Stock: Why Investors Should Sit Tight
Jeff Bezos has filed to sell nearly $4 billion worth of Amazon AMZN shares, days after the company posted a blowout second-quarter report. AMZN shares fell more than 2% on Aug. 4 after Bezos’ filing, but had already rallied to a record close of $284.02 the previous day and roughly 20% since the July 30 … Read more